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CirclaceTSE:5029 +6.40%64 Quick Ratio is 2.31 as of Mar. 2026, which is 38% above its 10-year median of 1.68. GuruFocus rates TSE:5029 with a GF Score™ of 64/100 and a GF Value™ of 円1,084.62 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,868 Software companies, Circlace ranks better than 64.64% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Circlace's quick ratio for the quarter that ended in Mar. 2026 was 2.31.
Circlace has a quick ratio of 2.31. It generally indicates good short-term financial strength.
The historical rank and industry rank for Circlace's Quick Ratio or its related term are showing as below:
TSE:5029'
s Quick Ratio Range Over the Past 10 Years
Min: 0.93 Med: 1.68 Max: 3.68
Current: 2.31
During the past 7 years, Circlace's highest Quick Ratio was 3.68. The lowest was 0.93. And the median was 1.68.
TSE:5029's Quick Ratio is ranked better than 64.64% of 2868
companies
in the Software industry
Industry Median: 1.705
vs TSE:5029: 2.31
Circlace (TSE:5029) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Circlace Quick Ratio Related Terms
Circlace Quick Ratio Historical Data
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The historical data trend for Circlace's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TSE:5029 vs UBER, SHOP, CRM: Quick Ratio Comparison
For the Software - Application subindustry, Circlace's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Circlace Quick Ratio vs Software Industry
For the Software industry and Technology sector, Circlace's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Circlace's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Circlace's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Circlace (TSE:5029) has a Quick Ratio of 2.31 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Circlace and its competitors. This is 38% above median its historical median of 1.68. Over the past decade, Circlace's Quick Ratio has ranged from 0.93 to 3.68. According to the industry distribution chart, Circlace ranks #1014 out of 2868 companies in the Software industry, placing it in the top 35.4%.
Is Circlace's Quick Ratio too high?
Circlace's current Quick Ratio of 2.31 is 38% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 3.68. The Software industry median Quick Ratio is 1.71. Circlace's value of 2.31 is 35.5% above this industry median. Based on the distribution chart, Circlace ranks #1014 out of 2868 companies in the Software industry, which is above the industry midpoint. Overall, Circlace has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Circlace's Quick Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Circlace ranks #1014 out of 2868 companies for Quick Ratio. This puts Circlace in the upper half of its industry. The industry median Quick Ratio is 1.71. Circlace's value of 2.31 is 35.5% above this benchmark. Historically, Circlace's own Quick Ratio has ranged from 0.93 to 3.68 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.71, Circlace has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Software company?
The median Quick Ratio among Software companies is 1.71, based on 2,868 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Circlace's current Quick Ratio of 2.31 is 35.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Circlace and its competitors. For the Software industry, the median Quick Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circlace's current Quick Ratio is 2.31, which is 38% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circlace stock overvalued right now?
Based on GuruFocus' analysis, Circlace (TSE:5029) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,084.62, compared to a current price of 円748.00 — trading 31% below its estimated fair value. The current Quick Ratio is 2.31, which is 38% above median its 10-year median of 1.68 and 35.5% above the Software industry median of 1.71. Circlace's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Circlace (TSE:5029), the current Quick Ratio is 2.31 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Circlace (TSE:5029) Overvalued in 2026?
Based on GuruFocus' analysis, Circlace stock appears to be undervalued.
The current stock price of 円748.00 is trading 31% below its estimated GF Value™ of 円1,084.62.
GuruFocus considers Circlace to be Possible Value Trap.
Key valuation signals for TSE:5029:
Quick Ratio: 2.31 (38% above median its 10-year median of 1.68)
GF Value™: 円1,084.62 vs. price of 円748.00 (31% below fair value)
Industry Position: 35.5% above the Software median (#1014 of 2868)
No single metric tells the full story. See the TSE:5029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Circlace Inc is engaged in multiple businesses that promote corporate digital transformation by utilizing IT technologies, such as Salesforce, Anaplan, ServiceNow, AWS, and Microsoft, and the development of its own SaaS cloud service AGAVE. The company's reportable segments are the Consulting business and the AoraNow business. The majority of its revenue is generated from the Consulting business, which provides comprehensive support to client companies in areas such as business design, system construction, data utilization, organizational reform, and human resource development through the introduction and utilization of cloud technologies such as Salesforce, Anaplan, AGAVE, AWS, and Microsoft. The AoraNow business supports the introduction and operation of ServiceNow.
64GF Score
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